Elizabeth Holmes found guilty of defrauding Theranos investors
Posted on AllSides January 4th, 2022
From The Center
A jury in federal court on Monday found that Elizabeth Holmes had deliberately misled investors in Theranos, the company she started to revolutionize blood testing. The verdict follows a closely watched trial that stretched over almost four months.
Admirers often compared Holmes to Steve Jobs while she helmed Theranos, and the company she founded and ran was worth billions. She will soon face sentencing after being convicted of three counts of wire fraud and one count of conspiracy to commit wire fraud. A masked Holmes showed no visible reaction as...